Under the Act, the Village may operate the aggregation program under
the Act as an opt-out program for residential and small commercial
retail customers, if a referendum is passed by a majority vote of
the residents pursuant to the requirements under the Act.

The corporate authorities hereby find that it is in the best interest
of the Village to operate the aggregation program under the Act as
an opt-out program and to implement the program according to the terms
of the Act.

The Act requires that, prior to the implementation of an opt-out
electrical aggregation program by the Village, the Village must adopt
an electrical power aggregation plan of operation and governance and
hold not less than two public hearings.

The Village held the required public Hearings for the Electric Power
Aggregation Plan of Operation and Governance on July 31, 2012, at
5:00 p.m. and on July 31, 2012, at 8:00 p.m. and provided the required
public notice.

The corporate authorities of the Village hereby are authorized to
aggregate, in accordance with the terms of the Act, residential and
small commercial retail electrical loads located within the corporate
limits of the Village, and for that purpose may solicit bids and enter
into service agreements to facilitate for those loads the sale and
purchase of electricity and related services and equipment.

The corporate authorities of the Village are granted the authority
to exercise such authority jointly with any other municipality or
county and, in combination with two or more municipalities or counties,
may initiate a process jointly to authorize aggregation by a majority
vote of each particular municipality or county as required by the
Act.

The corporate authorities of the Village, with assistance from the
Illinois Power Agency, shall develop a plan of operation and governance
for the aggregation program and shall conduct such public hearings
and provide such public notice as required under the Act. The load
aggregation plan shall provide for universal access to all applicable
residential customers and equitable treatment of applicable residential
customers, shall describe demand management and energy-efficiency
services to be provided to each class of customers and shall meet
any requirements established by law concerning aggregated service
offered pursuant to the Act.

As an opt-out program, the corporate authorities of the Village shall
fully inform residential and small commercial retail customers in
advance that they have the right to opt out of the aggregation program.
The disclosure and information provided to the customers shall comply
with the requirements of the Act.

The electric aggregation shall occur automatically for each person
owning, occupying, controlling, or using an electrical load center
proposed to be aggregated in the corporate limits of the Village,
subject to a right to opt out of the program as described under this
article and the Act.

The corporate authorities hereby grant the Village President or his
designee, in writing, the specific authority to execute a contract
without further action by the corporate authorities and with the authority
to bind the Village.

The corporate authorities hereby adopt the Electrical Power
Aggregation Plan of Operation and Governance as set forth in Exhibit
A, attached hereto and made a part hereof as if fully set forth by
this reference.[1]